OREANDA-NEWS. On 24 December 2008 was announced, that BTA Bank met its foreign obligations in full in 2008 without rolling them over in international markets and has only entirely manageable USD1.7 billion and USD1.9 billion of foreign debt repayments coming due in 2009 and 2010, respectively.

"BTA Bank has and will continue to service its foreign obligations as per their existing repayment schedules and is not holding any negotiations with foreign investors on the restructuring", says BTA Chairman of the Management Board Roman Solodchenko.